Post
Topic
Board Project Development
Re: Proposal for Standardizing the Distribution Rate of Dev MSC via the MSC Protocol
by
Rampion
on 23/11/2013, 09:15:18 UTC
I don't understand the discussion about the devs being worried about being exposed to the volatility of crypto.

First, this is what it is - it has enormous potential but also risks. No great fortune/opportunity comes without a risk.

Secondly, if a dev wants to reduce his exposure to crypto he can immediately sell his MSC for fiat, in the very moment he got paid. What's the problem?

Thirdly, the more I think it the more I'm with dacoinmeister. This is an "all-in" kind of project. Did Satoshi paid devs with fiat? Why is the board pushing to keep BTC and do not purchase MSC? It would look like they are very comfortable sitting on a pile of BTC and do not believe that much in MSC.

For me it's a no brainer, let's go 100‰ MSC, alluding to "instability of cryptos" to justify holding BTC against MSC is ludicrous.